Evercore ISI Group Maintains Outperform on EastGroup Props, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on EastGroup Properties (NYSE:EGP) and slightly raised the price target from $204 to $205.
October 07, 2024 | 3:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Evercore ISI Group has reaffirmed its 'Outperform' rating for EastGroup Properties and increased the price target to $205, indicating a positive outlook.
The reaffirmation of the 'Outperform' rating and the slight increase in the price target by a reputable analyst group suggests a positive sentiment towards EastGroup Properties. This could lead to a short-term positive impact on the stock price as investors may view this as a sign of confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100